From the start, Facebook investors have had a bumpy ride. Later this week it could get even bumpier when rules that have thus far kept early investors from selling their shares expire. When they do, the markets could be overwhelmed with a deluge of Facebook shares.
Henry Blodget, CEO and editor-in-chief of Business Insider, explains what's in store.
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Comments [1]
Facebook stock reminds me in a kind of way as to what happened to Kripy Kreme stock... The stock went up 235 percent and was selling for around fifty bucks, and now is at six dollars a share.
This is the similarity between Krispy Kreme and Facebook: Everybody loves both companies. People love both Companies for good reasons. They are the feel good companies and so people want to invest in companies that make them feel good...
When Krispy Kreme went up to fifty dollars a share, the only way the company would have made money is everyone in America was going to eat a donut that day.
The only way Facebook can go up in value is if they make a product that will sell something. Eventually the stock will go up, but it may go down more, till they start making tasty donuts or something
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